Recap: Paychex Q3 Earnings

Paychex PAYX reported its Q3 earnings results on Wednesday, March 30, 2022 at 08:30 AM.

Here's what investors need to know about the announcement.

Paychex beat estimated earnings by 9.52%, reporting an EPS of $1.15 versus an estimate of $1.05.

Revenue was up $164.00 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 0.62% increase in the share price the next day.

Here's a look at Paychex's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.80	0.80	0.67	0.92
EPS Actual	0.91	0.89	0.72	0.96
Revenue Estimate	1.06B	1.04B	980.48M	1.11B
Revenue Actual	1.11B	1.08B	1.03B	1.11B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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